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Press

07. July 2015

GKD: Success across the board

Double-digit growth in demanding markets

“In a continuingly challenging market environment, we have succeeded in raising sales and profits to the highest level in the last four years,” says Dr. Stephan Kufferath, Director of GKD – GEBR. KUFFERATH AG, expressing his great satisfaction with the outcome of the financial year 2014. The main drivers of this positive development were good sales successes with new products in all three business units – SOLID WEAVE (industrial mesh), WEAVE IN MOTION (process belt mesh) and CREATIVE WEAVE (architectural mesh) – and a rally in sales of key applications. As a global technological leader in the field of woven mesh-based media and system solutions for industry and architecture, the GKD Group achieved a group turnover to the tune of 79.1 million euros in 2014. Compared to the previous year, this was an increase of 13 percent. Thanks to this positive profit position, the equity ratio rose from 45 to 50 percent. The owner-managed non-listed joint stock corporation achieved its greatest growth in sales in the USA and in Asia. In 2014, GKD invested round 3.5 million euros in the expansion of the technical capacity of its parent facility in Dueren, Germany. With 665 employees worldwide (2013: 653) on the balance sheet date, GKD had further increased its global presence. In the Dueren works, in Germany’s Rhineland, 410 members of staff (2013: 402) were employed on the reporting date, 20 of them trainees (2013: 23). With purposeful expansion of its multi-platform strategy and the digital networking of its production, this third-generation family business plans to exploit further opportunities for growth.